Territory Stories

Annual Report 2016-2017 Department of the Legislative Assembly

Details:

Title

Annual Report 2016-2017 Department of the Legislative Assembly

Other title

Tabled paper 405

Collection

Tabled Papers for 13th Assembly 2016 - 2020; Tabled Papers; ParliamentNT

Date

2017-10-10

Description

Deemed

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00042

Parent handle

https://hdl.handle.net/10070/272314

Citation address

https://hdl.handle.net/10070/428605

Page content

DEPARTMENT OF THE LEGISLATIVE ASSEMBLY NOTES TO THE FINANCIAL STATEMENTS For the year ended 30 June 2017 DLA Annual Report 2016-17 Page 62 2016-17 2016-17 Actual Original Balance Sheet Budget Variance Note $000 $000 $000 ASSETS Current assets Cash and deposits 5,230 4,664 656 Receivables 98 96 2 Inventories 13 15 (2) Prepayments 10 19 (9) Total current assets 5,440 4,794 646 Non-current assets Property, plant and equipment 286,419 286,028 391 Heritage and cultural assets 112 - 112 Total non-current assets 286,531 286,028 503 TOTAL ASSETS 291,971 290,822 1,149 LIABILITIES Current liabilities Deposits held 1 1 - Payables 549 363 186 Provisions 1,078 1,121 (43) Other liabilities 2 - 2 Total current liabilities 1,630 1,485 145 Non-current liabilities Provisions - - - Total non-current liabilities - - - TOTAL LIABILITIES 1,630 1,485 145 NET ASSETS 290,341 289,337 1,004 EQUITY Capital Opening balance 159,388 159,388 - Equity injections/withdrawals 481 861 (380) Reserves 169,603 169,603 - Accumulated funds Opening balance (36,105) (36,105) - Current year surplus/(deficit) (3,025) (4,410) 1,385 TOTAL EQUITY 290,341 289,337 1,004 Notes: Variances greater than 10 per cent or $100,000 are recognised as significant and as such require explanation. There were no significant variances between actual and budget amounts in 2016-17.